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Daily (30.01.2023): British gas prices fell on Friday amid mild weather outlook, signals of the return of Freeport LNG terminal
Crude oil prices moved downwards on Friday amid reports that oil loadings from Russia's Baltic ports were set to rise by 50% this month from December. Hence, Brent crude declined by 81 cents, or 0.9%, to settle at $86.66 per barrel. U.S. WTI crude decreased by $1.33, or 1.6 %, to settle at $79.68 a barrel.
read more... 30/01/2023
Daily (27.01.2023): European carbon prices surged to a weekly high of above 89 EUR/t amid bullish technical drivers
Strong U.S. economic data and the assumption that the reopening of the Chinese economy would boost demand led to an uptick in oil prices on Thursday. As a result, Brent crude oil ended approximately 2% higher at $87.47 a barrel. U.S. WTI crude finished at 81.01 USD/bbl, rising by 1% day-on-day.
read more... 27/01/2023
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EU eyes $100/barrel cap on Russian premium oil products, $45 on discounted
The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday.
read more... 27/01/2023
Seven EU countries oppose new EU funding as response to US subsidy plan
Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive.
read more... 27/01/2023
Slovenia introduces new set of energy price caps
The government has introduced a new cap on natural gas prices in district heating systems for users such as schools and community health centres in what is yet another in a long series of price caps that have become the government’s go-to tool to fight high energy prices.
read more... 27/01/2023